Selling real estate overseas can seem difficult, but if you plan properly, the process is simple for foreign owners in Cyprus. This book covers all the information you need to sell real estate in Cyprus in 2025, regardless of whether you bought your house as a vacation rental, Permanent Residency (PR) investment, or as part of your portfolio.

Legal Eligibility for Foreign Sellers

In Cyprus, foreigners are free to sell any property they own.

As long as the title deed is in your name, there are no limitations.

Although there are restrictions, you can still sell through an assignment of contract if you purchased off-plan and do not yet possess the title deed.

Required Documents

In order to sell your home in Cyprus, you will need:

Title deed (or, if the deed is still pending, an assignment contract)

Sales contract (from the initial purchase)

Certificate of tax clearance

Utility clearance for power and water

A copy of your passport or ID

Taxes & Fees When Selling

20% of the sale price is subject to capital gains tax (CGT), but there are several exceptions.

€85,430 is exempt for life when a principal house is sold.

For renovations or transfer fees paid, additional allowances are applicable.

Buyers, not sellers, are responsible for paying transfer fees.

Agent fees vary by agency and range from 3 to 5% (plus VAT).

Setting the Right Price

Foreign sellers should do the following:

Consult a certified valuer for a professional appraisal.

Examine comparable postings in your neighbourhood (city vs. coastal, apartments vs. villas).

Considering market patterns, Paphos is still less expensive than Limassol in 2025, although it is growing as a result of the Marina project and PR demand.

Choosing an Agent

To prevent frauds, work with a real estate agent who is licensed by the CREAA.

Both domestically and abroad (in the UK, Russia, Germany, and the Middle East), agents assist in marketing your home.

They deal with documentation, discussions, and buyer qualifying.

Selling to PR Buyers (€300K+ rule)

Foreign buyers looking for Permanent Residency may find your house appealing if it is new construction and costs more than €300,000.

Focus on investors, retirees, and lifestyle purchasers if resale is not PR-eligible.

How Long Does It Take to Sell?

Affordable apartments in the heart of Paphos: three to six months

6–12 months in luxury villas close to the seashore

Demand is expected to increase in 2025, particularly for waterfront and PR-friendly locations.

Last Words of Advice for International Sellers

To prevent delays, prepare paperwork in advance.

To increase appeal, think about making minor adjustments or staging.

Determine a reasonable price based on demand and valuation.

To guarantee a seamless transfer, work with an attorney who speaks English.